Policy & Standards FASB: No specific project to integrate SEC climate disclosures in accounting principles “We do one thing and one thing only, financial accounting and reporting standards.” Melodie Michel 19 August 2024
Climate Targets Nissan announces 2030 vehicle carbon intensity reduction targets Manufacturing emissions stood at 0.48 tonnes of CO2 per vehicle in 2023 – just 0.5% lower than in 2018. Melodie Michel 31 July 2024
Data and Technology GRI and TNFD publish interoperability guidance for nature disclosures The two standard setters aim to prevent the need for double reporting on biodiversity impacts. Melodie Michel 30 July 2024
Net zero Mars has decoupled growth from emissions over the last five years "It is critically important to strengthen our programs with farmers to help the transition to climate-smart and regenerative agriculture." Melodie Michel 29 July 2024
People & Culture Survey: Half of companies are hiring new talent to meet ESG reporting requirements The responsibility for managing sustainability disclosures still falls primarily on the CSO – though it is spreading to other functions. Melodie Michel 19 July 2024
Operations & Finance Survey: Most financial executives are lost on how to report ESG data More guidance on data collection must be granted to help companies tap into their ESG-driven potential, says Jens Laue. Olivia Peluso 05 July 2024
Policy & Standards ECB sets stricter climate targets for portfolio The European Central Bank said it would introduce greenhouse gas emissions reduction targets for its corporate bond portfolio and may even sell some assets if it fails to meet its goals. Olivia Peluso 25 June 2024
Transition Planning CDP: One-quarter of companies now have a 1.5ºC-aligned climate transition plan Corporate adoption of climate transition plans rose last year, with one in four companies now stating they had one in their CDP disclosures. Olivia Peluso 18 June 2024
Policy & Standards CSRD is already supporting the work of Chief Sustainability Officers: PwC survey CSOs must engage all departments for sustainability integration – a survey suggests CSRD is acting as a catalyst. Melodie Michel 14 June 2024
Sustainability Reports Chemours advances emissions goals – but continues to advocate for PFAS The firm more than doubled its EU lobbying budget in 2023, where PFAS regulation is being considered. Melodie Michel 12 June 2024